Tragedy and the stock market Unfortunately tragedies does play a part in the stock market,like it or not as in making money off the misfortunes of others
Aren't you hoping to sell your stocks higher to someone else and could not care less if he or she does not win.
All you are hoping for is that Green stuff to flow to your bank account?
Sure you say GLTA to others but it's your bank account that you care about the most.
War,all that material has to be replaced,bullets bombs,tanks,planes
Geopolitical risks. Wars immediate down and then up.
Russia and Ukraine war breaks out and Gold pops up $48 and then backs down,,common
China set to take over Taiwan which will be a worst outcome than Ukraine as 30k Americans solders are on that Island
Russia,middle east.Iran hot bed.
All those bombs are made out of brass and copper Tungsten.
Aren't we hoping for a crash of the American dollar? Gold-up
So in other words don't be a Hypocrite as we all partake to some degree as to make money off the backs of others as every bomb that drops more material is needed.
The cyclical nature of the market is the second most important thing that you have to know after psychology
Thou shalt understand the market and it's psychology buy low sell high